Interactive Brokers Sees 17% MoM Increase in DARTs for November 2024

Interactive Brokers, an automated global electronic broker, has released its monthly performance metrics for November, revealing continued growth across key indicators.

The Group reported 3.306 million Daily Average Revenue Trades (DARTs) in November, reflecting a 74% increase year-over-year and a 17% rise from October's 2.823 million.

Client accounts also saw notable growth, reaching 3.253 million in November. This figure represents a 29% increase from the previous year and a 2% increase from the prior month.

Other highlights from Interactive Brokers’ November 2024 metrics include:

• Ending client equity stood at $575.9 billion, up 42% year-over-year and 7% from the prior month.
• Ending client margin loan balances reached $60.2 billion, marking a 43% increase year-over-year and a 2% increase from October.
• Ending client credit balances totaled $118.8 billion, including $4.7 billion in insured bank deposit sweeps, up 17% from the previous year and 1% from the prior month.
• The annualized average cleared DARTs per client account were 227.
• Average commission per cleared Commissionable Order was $2.70, including exchange, clearing, and regulatory fees.